At MEC Capital, we recognize that our investors and borrowers provide us with highly sensitive financial and personal information. Protecting this data is a core component of our risk management philosophy. This Privacy Policy explains how we collect, use, and protect your information in compliance with the Gramm-Leach-Bliley Act (GLBA) and other federal privacy standards.
1. Information We Collect (NPI)
To provide 100% rehab funding and high-yield investment opportunities, we collect “Non-Public Personal Information” (NPI) including, but not limited to:
● Identification Data: Social Security Numbers (SSNs), Driver’s Licenses, and Passports.
● Financial Data: Federal Tax Returns (Individual and Business), Bank Statements, K-1s, and brokerage statements.
● Credit & Background Data: Credit reports, litigation history, and background checks.
● Investment Data: Accreditation verification documents and wire transfer instructions.
2. How We Protect Your Data (The GLBA Safeguards Rule)
MEC Capital maintains a comprehensive Information Security Program designed to ensure the security and confidentiality of your records.
● Encryption at Rest & in Transit: All sensitive documents uploaded via our InvestNext or Mortgage Automator portals are encrypted using AES-256 bit encryption (the same standard used by major banks).
● Multi-Factor Authentication (MFA): Access to any portal containing investor or borrower NPI requires mandatory MFA.
● The “Principle of Least Privilege”: Access to sensitive financial data is restricted solely to MEC Capital’s Managing Partner (Sheldon Holder) and key authorized personnel required for underwriting and compliance.
● Secure Document Destruction: Physical records are rarely kept; however, any physical NPI is stored in locked facilities and destroyed via professional cross-cut shredding once no longer legally required.
3. How We Use and Share Information
MEC Capital does not sell, rent, or trade your personal information to third-party marketers. We share information only as necessary to conduct business:
● Service Providers: We may share data with trusted third parties (e.g., fund administrators, tax professionals, or third-party accreditation verifiers) who are contractually bound to maintain our privacy standards.
● Legal Requirements: We disclose information when required by law, such as for anti-money laundering (AML) compliance, subpoenas, or IRS reporting (Form 1099/K-1).
● Affiliated Entities: Information may be shared between MEC Capital and its controlled affiliates to provide the services you requested.
4. Your Privacy Choices (Opt-Out Rights)
Under the GLBA, you have the right to limit the sharing of your information in certaincircumstances.
● Marketing: You may opt out of receiving marketing communications from us at any time.
● Joint Marketing: We do not currently engage in joint marketing with non-affiliated third parties.
● State Laws: Residents of certain states (like California or Texas) may have additional rights regarding data access and deletion.
5. Digital Privacy & Tracking
Our website uses cookies and tracking pixels to improve user experience and analyze the effectiveness of our “Fast Funding, Proven Results” marketing campaigns. You can adjust your browser settings to disable cookies, though some portal features may become unavailable.
6. Notification of Changes
If we make material changes to how we handle sensitive NPI, we will notify all active investors and borrowers via the email address on file and post an updated version of this policy on https://www.google.com/search?q=MECCapital.com.
7. Contact Our Privacy Officer
If you have questions regarding the security of your tax returns or SSN, please contact us directly:
MEC Capital
555-555-5555
info@MECcapitalFund.com
